Cities and towns; creating the Municipal Parking Benefit District Act. Effective date.

SB 651, the Municipal Parking Benefit District Act, would allow Oklahoma cities and towns to create designated parking districts where revenue from on-street parking meters is kept locally to fund improvements within that specific area. Municipalities would need to hold public hearings and notify property owners before establishing a district, and could form unpaid advisory committees (requiring majority business owners) to recommend projects. The bill would restrict funds to parking-related maintenance and repairs within the district, not general city use. The bill failed committee review on February 11, 2025, and has not advanced further.